On May 11th, according to CCTV Finance, when talking about the problem of the company's diversified development with Dong Mingzhu, he said that he would not invest in finance and real estate, and said that Gree Real Estate had nothing to do with her.
When asked what kind of company is going to make Gree into a company in the future, Dong Mingzhu replied that she wanted to turn Gree Electric into a base for not only a manufacturing industry, but also a base for cultivating talents.
According to public information, Gree Real Estate is a group of enterprises that integrate real estate, port economy, marine economy industry, and modern service industry, and modern financial industry. It is worth noting that Gree Real Estate and Gree Electric have both controlling subsidiaries of Gree Group, but in May 2015, Gree Group transferred Gree Real Estate's shares to Zhuhai Investment Holdings Co., Ltd. It also officially divided home with Gree Group, and the relationship with Gree Electric does not exist.
In fact, Dong Mingzhu has previously expressed his dissatisfaction with Gree Real Estate many times. Earlier, she emphasized that Gree Real Estate, which was stripped out from Gree Group, used Gree's trademarks to cause harm to Gree.
In the secondary market, Gree Real Estate's stock price is also weak. As of today's publication, Gree Real Estate reported 5.07 yuan/share, and the stock price has fallen by 27%during the year.